Losses
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
The 2024 accounts came latest: 19 days after the end of the period.
Lower net result than 87% of companies in computer programming and consultancy. Sector median €28,031 · 22,054 companies.
In July 2024, 3,234 companies had the same profile as COVERTIS has now. Each dot stands for 9 companies, two years later.
Another 0.3% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,234 companies, not a prediction for COVERTIS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| COVERTIS Héron | €33,180 | -€4,002 | 97.3% | - |
| M-ICT Bernissart | €34,869 | -€2,763 | 39.1% | - |
| ThoSo IT Ghent | €32,585 | -€2,098 | 87.0% | - |
| Lucky Lois Bertem | €31,089 | -€4,311 | 14.0% | - |
| PE3Q Leuven | €30,978 | -€49,518 | -53.9% | - |
| PERIF INFORMATIQUE BELGIQUE Ixelles | €32,105 | -€7,184 | 44.9% | - |
| YAVIN Antwerp | €33,045 | -€48,017 | 63.5% | - |
These companies have the same main activity as COVERTIS: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €31,000 and €34,900, founded between 2021 and 2022.
COVERTIS files the micro format. That format states no turnover. The gross margin fell from €29,711 in 2022 to -€4,002 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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